Stocks hitting new lows in SP500?

What is the breadth of the market suggesting for SP500. Let us see the number of stocks hitting new lows in SP500.

See how the numbers spiked in Jan – Feb 2020 and then even higher once the pandemic broke out. See where it is currently. As of now the situation seems normal and nothing to fear about. This can change fast, but it hasn’t changed yet. It is is till time to remain bullish.

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